20200526_BSC_Vietnam Daily Review_EN_Fluctuation in the range 860-880_TA_ BVH_Positive signal

Market outlook 
Following the gaining trend from the previous session, VN-Index successfully passed the threshold of 860 points. The market opened with excitement trading lasting throughout the session. The cash flow has spread to all stock groups with 16/19 sectors gained points. Foreign investors remained net sellers on both exchanges. Market breadth remained positive and liquidity increased slightly which reinforced the positive trading trend during this session. This trend will help VN-Index reach 880 points quite quickly. BSC recommends investors to keep the portfolio proportion unchanged and consider short-term profit taking activities at stocks which have risen sharply in the recent period when the market reached 880 points.

Future contracts:  All future contracts increased in agreement with the overall trend of the index today. Investors should prioritize buying with target price around 780 points for long-term contracts.

Covered warrants: In the trading session on May 26th 2020, underlying securities and covered warrants had differentiated status. Trading volume decreased compared to the previous session.

Technical analysis: BVH_Positive signal
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)

Highlights
• VN-Index +10.09 points, closed at 869.13. HNX-Index +1.34 points, closed at 110.49.
• Pulling up the index: BID (+2.70); + VCB (+1.48); HPG (+0.87); GAS (+0.66); BVH (+053).
• Pulling the index down: VHM (-0.38); VIC (-0.19); VSH (-0.04); PAN (-0.03); DPM (-0.03).
• The matched value of VN-Index reached VND 4,982 billion, up + 7.4% from the previous session.
• The amplitude is 9.43 points, narrowing from the previous session. The market saw 234 gainers, 88 references and 59 losers.
• Foreign investors' net selling value: VND -78.99 billion on HOSE, including VSC (VND -20.68 billion), DBC (VND -19.31 billion) and CRE (VND -17.19 billion). Foreign investors were net sellers on the HNX with a value of VND -2.2 billion.